Stock market culprits

The turmoil in international stock markets may have escaped some Last Post readers, but an appropriate summary comes via the Financial Times.

25th August, 2007

The turmoil in international stock markets may have escaped some Last Post readers, but an appropriate summary comes via the Financial Times.

It reports on a spoof hedge fund letter doing the rounds in the City in London: ‘‘Dear Valued Client, ‘‘Last week you received a letter from the head of Long or Short Capital Management, Mr Juggles. In this letter, Mr Juggles told you that although your money was invested wisely according to the...

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